The price rise, which only affects the Asian region, is due to rising costs, especially for raw materials.
EPDM is used above all in the automotive industry as door sealants, hoses, belts or anti-vibration parts. The product is also used in the plastics modification, cable and wire, construction and oil additives industries. Its properties include very low density, good resistance to heat, oxidation, chemicals and weathering as well as good electrical insulation properties.
The Keltan Elastomers business unit is part of LANXESS’ Performance Polymers segment, which recorded sales of EUR 5.18 billion in fiscal 2012.
LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 9.1 billion in 2012 and roughly 17,500 employees in 31 countries. The company is currently represented at 52 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainability indices Dow Jones Sustainability Index (DJSI) World and FTSE4Good as well as the Carbon Disclosure Leadership Index (CDLI).